UK solar industry unlikely to be affected by Solyndra bankruptcy

A former darling of the US solar industry has become the second high-profile victim of the downturn in the economy in a month after filing for bankruptcy.

Solyndra, which has filed for chapter 11 protection in the states, is well known for its cylindrical module designed to capture sunlight across its 360-degree photovoltaic surface.

More than 1,000 staff were made redundant from the company's California base yesterday (August 31), by the company which was praised by US president Barack Obama when he toured its factory Fab 2 last year.